Honduras ranks first in solar container exports

What are the top exports of Honduras in 2023?

In 2023, the top exports of Honduras were Knit T-shirts ($1.63B), Coffee ($1.54B), Insulated Wire ($1.35B), Knit Sweaters ($1.21B), and Palm Oil ($408M). The top destinations were United States ($5.87B), Nicaragua ($980M), El Salvador ($796M), Guatemala ($616M), and Mexico ($577M).

Does Honduras export plastic?

Honduras’ shipments of plastics, both as materials and items made from plastic, posted the third-fastest gain in value up by 82%. The leading decliner among Honduras’ top 10 export categories was fish, thanks to a -12% drop over the 5-year period. The above listed product categories are at the 2-digit Harmonized Tariff System (HTS) code level.

Why are Honduras'' export products so expensive?

Using the 2024 average exchange rate, the Honduran lempira—its official currency—appreciated by 0.4% since 2020 and by 0.3% from 2023, making Honduras'' export goods relatively more expensive for international buyers paying in weaker US dollars. Recent trade statistics reveal that 86% of Honduras'' export products were purchased by buyers in:

Where do Honduras export products come from?

Recent trade statistics reveal that 86% of Honduras'' export products were purchased by buyers in: 1.United States (45% of total) 2.El Salvador (6.5%) 3.Nicaragua (5.9%) 4.Guatemala (5.7%) 5.Germany (4.8%) 6.Mexico (4.1%) 7.Netherlands (2.8%)